27
Oct
07:45
LGES expects slower revenue growth in 2024
South Korean battery giant LG Energy Solution warned it expects lower revenue growth in 2024 than in 2023, as global economic uncertainty takes a toll on electric vehicle sales, Kallanish learns. It had once previously enjoyed growth as high as 35% per year.
Those uncertainties mainly include surging borrowing costs from high interest rates and lower buyers' budgets due to slowing economic growth in major economies.
Its stock price recently fell more th…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous